Which of the following is not an example of a transfer payment?
A) Social Security payments
B) Sales tax
C) Unemployment benefits
D) Workman's compensation

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to individuals or other levels of government without receiving goods or services in return. Social Security payments, unemployment benefits, and workman's compensation are examples of transfer payments. Sales tax is a tax on goods and services and is not a transfer payment.

Which of the Following Is Not an Example of a Transfer